Posts Tagged ‘Investment’

China Mining 2017

Michael Carl of SSEK Discusses Indonesian Investment Environment at China Mining Conference

Michael Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was a featured speaker at the recent China Mining conference in Tianjin. China Mining has been held annually since 1999 and is one of the world’s top mining events. You can find Michael’s presentation in English here. For the presentation materials in Chinese, click [...]

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Seaports in Indonesia: Regulatory Developments

A number of regulations have been issued that are significant for the regulatory development of Indonesia’s seaports sector. We highlight the most crucial of these regulations. A. Ministry of Transportation (“MOT”) Regulation No. 146 of 2016 regarding the Amendment of Ministry of Transportation Regulation No. 51 of 2015 regarding the Implementation of Seaports (the “Seaport [...]

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SSEK Adviser Michael Carl Discusses Foreign Investment Regulation and M&A Transactions in Indonesia at LAWASIA Conference

Michael S. Carl, an international legal adviser at SSEK Indonesian Consultants, was a featured speaker at the recent LAWASIA Conference in Tokyo. Michael discussed foreign investment regulation and M&A transactions in Indonesia. You can find his presentation here. Michael joined SSEK in 2004 and has nearly 20 years of experience practicing law in Southeast Asia. [...]

Jakarta

Indonesia Launches New Economic Policy Package

By Michael S. Carl and Revaldi Wirabuana On August 31, Indonesian President Joko Widodo, commonly known as Jokowi, enacted the 16th economic reform package aimed at improving the ease of doing business in the country (“16th Reform Package”). This new economic policy package contains measures to accelerate the issuance of business licenses and permits at [...]

Businessmen

Indonesia Takes Steps to Ease Licensing Process for Trade Companies

The Indonesian Ministry of Trade (“MOT”) has issued two regulations with the goal of simplifying the licensing process for companies and reducing the amount of time they must spend on such matters. MOT Regulation No. 7/M-DAG/PER/2/2017 regarding the Third Amendment to MOT Regulation No. 36/M-DAG/PER/9/2007 regarding the Issuance of Trade Business License (“MOT Reg. 7/2017″) [...]

Michael Carl

Bauxite Mining and Alumina Refinery Investment Environment in Indonesia

Michael S. Carl, an international legal adviser at SSEK Indonesian Legal Consultants, was invited to give a presentation at the 3rd Global Bauxite Conference 2017 on the Bauxite Mining and Alumina Refinery Investment Environment in Indonesia. The conference was held June 14-15 in Jakarta. You can find his presentation materials here. Michael Carl is the [...]

Jakarta

Insurance Companies in Indonesia Must Follow Requirement on Ultimate Shareholders

By Ira A. Eddymurthy and Maria Yudhitama The Indonesian Insurance Law (Law No. 40 of 2014 regarding Insurance) introduced a significant change regarding the shareholding composition of insurance companies. Breaking from previous policy, the Insurance Law specifically mandates that the local shareholders in an insurance company must be ultimately owned by Indonesian individuals. After the [...]

Oil & Gas Regulation 2017

Restrictions on Contractors in the Indonesian Oil and Gas Sector

By Fitriana Mahiddin and Syahdan Z. Aziz There are a number of rules for Production Sharing Contract (“PSC”) Contractors in Indonesia’s oil and gas sector, including those on the export of production, currency exchange and the transfer or disposal of development rights. Subject to obtaining requisite export approvals, a Contractor is entitled to export its [...]

Oil & Gas Regulation 2017

Indonesian Oil and Gas Sector: Role of the State

By Fitriana Mahiddin and Syahdan Z. Aziz Extracted oil and gas in Indonesia remains owned by the State until it passes the point of export or other delivery point. Thereafter, the Government is entitled to a certain percentage of the production output as apportioned under the Production Sharing Contract (“PSC”), as is the Contractor. Under [...]

Construction

New Construction Law in Indonesia: Changing the Regulatory Framework

By Awang Fahrizal The Government of Indonesia (“GOI”) recently issued Law No. 2 of 2017 regarding Construction Services (the “New Construction Law”). The New Construction Law revokes Law No. 18 of 1999 regarding Construction Services (the “Previous Construction Law”) and introduces several changes and new provisions related to construction services in Indonesia. Below are the [...]